China Extends Waiver on Port Construction Fees

June 24, 2020

© William Messing / Adobe Stock
© William Messing / Adobe Stock

China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30.

The ministry will also extend a reduction in fees paid to the compensation fund for ship pollution until the end of this year.

The move is part of Beijing’s efforts to help business resume amid the coronavirus pandemic and to shore up its export industry.


(Reporting by Muyu Xu and Beijing Newsroom; Editing by Christian Schmollinger)

Logistics News

Robusta Coffee Prices Rise Slightly, Cocoa Falls

Robusta Coffee Prices Rise Slightly, Cocoa Falls

Andrea Dellacasa Appointed Medov CEO and General Manager

Andrea Dellacasa Appointed Medov CEO and General Manager

Brazil Beef Exports Projections Released

Brazil Beef Exports Projections Released

Dardanelles Strait Traffic Resumes After Tanker Engine Failure

Dardanelles Strait Traffic Resumes After Tanker Engine Failure

Subscribe for Maritime Logistics Professional E‑News

Chile fires kill 19 people in extreme heat
What happened in Spain's high speed train crash?
Kenya launches IPO of state oil pipeline company, aims to raise $825 Million